• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, October 24, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Keyamo Suspends NAMA’s 800% Increase In Navigational Charges

Jerry Emmason by Jerry Emmason
2 years ago
in Business
Minister of Aviation, Festus Keyamo.

Minister of Aviation, Festus Keyamo.

Share on WhatsAppShare on FacebookShare on XTelegram

Less than 48 hours after the Nigerian Airspace Management Agency (NAMA) announced an increase in navigational charges by 800 per cent, the minister of Aviation and Aerospace Development, Festus Keyamo, has suspended the increment.

In a statement by the director, public affairs and consumer protection, NAMA, Abdullahi Musa, the suspension by the minister was in recognition of the current economic challenges faced by Nigerians.

According to NAMA, the minister emphasised the need for further consultation before implementing any change, highlighting the importance of being sensitive to the plight of Nigerians amidst current economic challenges.

 

“In response to the directive from the minister of Aviation and Aerospace Development, Festus Keyamo, NAMA has suspended its earlier announced increase in navigational charges. This decision follows the Minister’s recognition of the current economic challenges faced by Nigerians.

 

“The Minister emphasized the need for further consultation before implementing any changes, highlighting the importance of being sensitive to the plight of Nigerians amidst these economic challenges.”

 

However, the statement stated that the agency would continue to engage the airlines, who have been responding to the prevailing economic situation since 2008.

RELATED NEWS

Corporate Governance Key To Unlocking Structured Financing To Boost Nigeria’s Energy Sector- Adaralegbe

Nigeria Gets $10.37bn Inflows, But Only $135m Goes Into Direct Foreign Investment – Adesugba

NES#32 Holds As Scheduled, Says NESG, Adopts Hybrid Format

 

The statement further chided the airlines for not taking NAMA into consideration, saying the agency was supposed to be a cost recovery agency in line with global practices.

 

“The directive from the Minister and the subsequent suspension of the planned increase underscore the government’s commitment to addressing the concerns of Nigerian citizens and stakeholders in the aviation sector.

 

“The suspension of the fee increase is a testament to the government’s responsiveness to public concerns and its commitment to balancing economic sustainability with the needs of its citizens,” it added.

 

LEADERSHIP reports that the managing director of NAMA, Engr. Farouk Umar, at the League of Airports and Aviation Correspondents Annual Conference held in Lagos, tittled, ‘Aviation Survivability amidst a Challenging Macro-Economic Environment,’ had highlighted the significant economic pressures faced by the aviation industry, exacerbated by global economic volatility, fuel price hikes, and currency instability. He outlined strategies for survival and growth, including operational efficiency, embracing innovation and technology, strengthening infrastructure, and fostering collaboration and partnerships.

 

Engr. Farouk also discussed the financial challenges NAMA faces, noting that the agency relies on statutory fees and charges for managing the airspace.

 

The Nigerian airspace management agency had proposed an increase in its fees and charges to sustain its operations and ensure the safety and efficiency of Nigeria’s airspace. The new unit rate/minimum charge for en-route was set to increase to 18,000 Naira from 2,000 Naira per flight while the unit rate/minimum charge for terminal navigation charge(TCN domestic) were to rise to 54,000 Naira from 6,000 Naira per flight with effect from the 1st of September.

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works

Jerry Emmason

Jerry Emmason

OTHER NEWS UPDATES

Corporate Governance Key To Unlocking Structured Financing To Boost Nigeria’s Energy Sector- Adaralegbe
Business

Corporate Governance Key To Unlocking Structured Financing To Boost Nigeria’s Energy Sector- Adaralegbe

34 minutes ago
Nigeria Gets $10.37bn Inflows, But Only $135m Goes Into Direct Foreign Investment – Adesugba
Business

Nigeria Gets $10.37bn Inflows, But Only $135m Goes Into Direct Foreign Investment – Adesugba

2 hours ago
NESG Seeks State-level Strategies to Unlock Nigeria’s Growth Potential
Business

NES#32 Holds As Scheduled, Says NESG, Adopts Hybrid Format

3 hours ago
Next Post
Police Arrest Fake Prophet, Accomplice In Attempted Murder

Protest: Police Uncover Plans To Plunge Oyo Into Anarchy

LATEST UPDATE

Katsina United Stage Late Fightback To Hold Plateau United

2 minutes ago

Atiku Faults Tinubu Over Blaming Opposition For Hunger, Poverty

5 minutes ago

Okpebholo, Labour Leaders Resolve Dispute, Assure Edo Of Power Restoration

9 minutes ago

Nigeria Crush Lesotho To Seal 2027 World Cup Qualifying Spot

10 minutes ago

Bauchi Group Gives Bala Mohammed 7 Days To Reverse Allocation Of 61 Houses

21 minutes ago

Corporate Governance Key To Unlocking Structured Financing To Boost Nigeria’s Energy Sector- Adaralegbe

34 minutes ago

10th Coronation: ‘You Are Our Role Model’, Sultan Hails Oba of Benin 

39 minutes ago

Wike Mocks Obi, Says Social Media Popularity Not Enough To Govern Nigeria

41 minutes ago

2027: Why Tinubu’s Kaduna Rally Surpasses Mobilisation Target – Ex Defence Minister Badaru

42 minutes ago

Drake Celebrates 40th Birthday With Backstreet Boys Performance And $1m Prize

45 minutes ago
Load More
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.